EURUSD | Page 20507 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #410,121
  • Mar 19, 2011 8:53am Mar 19, 2011 8:53am
Quoting mercy seat
ZigZag A-B-C (Update - 17.03.2011 - 23h15)

1.4170...
RECAPITULATION:

This includes some technical key-points (Pivots, Spezi and ZigZag) which are valid for us on re-open and for Monday (Week no. 12) of course ...



;-|
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2011-03-18_21h59_ EURUSD _ min060 _ (1WK) candle + TL.PNG Size: 20 KB
Click to Enlarge Name: 2011-03-18_21h59_ EURUSD _ min120 _ (1WK) candle + TL.PNG Size: 21 KB
Click to Enlarge Name: 2011-03-18_21h59_ EURUSD _ x-Daily _ (150) candle + TL.PNG Size: 22 KB
Click to Enlarge Name: 2011-03-18_21h59_ EURUSD _ xWeekly _ (150) candle + TL.PNG Size: 26 KB
Click to Enlarge Name: 2011-03-18_22h00 - Pivots + ZigZag A-B-C LEVELS _ EURUSD _ RECAP _ W-11.PNG Size: 117 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #410,122
  • Mar 19, 2011 9:12am Mar 19, 2011 9:12am
Quote
EUR shorts are being dragged out and shot as the weekend approaches. Higher German yields, a still hawkish ECB and a central bank-led rebound in EUR/JPY have all conspired to send EUR/USD to its highest levels since early November.

The buying at this stage is “gotta buy” rather than “wanna buy”. Don’t fade this strength unless you are willing to sit through a test of 1.4280…
love this commentary
  • #410,123
  • Mar 19, 2011 9:16am Mar 19, 2011 9:16am
Quoting T@rantula
Here is a direct answer, as I ALWAYS do it like that:

I havent checked your trading skills dude, so its hard to judge. I dont like the sound of your "message" so I will ask you directly...what is it that u want? Any problem?
I don't want for anything. I asked a simple, direct question which was answered with a question. And you blokes say women are complicated

I note you threw out a bible quotation the other day. I'm not religious but I had some religious teachings when I was younger. To be honest, I don't think God and gambling mix so well, but let me throw one back at you.

Matthew 7:1 "Judge not, lest ye not be judged"

.
Nothing worth having is easy.
  • #410,124
  • Mar 19, 2011 9:23am Mar 19, 2011 9:23am
Quoting Patience
And you blokes say women are complicated
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #410,125
  • Mar 19, 2011 9:43am Mar 19, 2011 9:43am
Quoting Patience
I don't want for anything. I asked a simple, direct question which was answered with a question. And you blokes say women are complicated

I note you threw out a bible quotation the other day. I'm not religious but I had some religious teachings when I was younger. To be honest, I don't think God and gambling mix so well, but let me throw one back at you.

Matthew 7:1 "Judge not, lest ye not be judged"

.
Bravo on all points, Patience
  • #410,126
  • Mar 19, 2011 9:44am Mar 19, 2011 9:44am
Quoting gordonfx
just wanted to take this chance to say thank you for this info Gator.
I appreciate this insight to how you trade, thanks again bro. as you are ' simply genuis"!
despite what is said about picking tops and bottoms.. most trades do just that. just usually on a smaller tf.. then the perceived trend. the trend is in both directions often. a ride to C may first point to A to get momentum. during this drawdown your trade is red. upon approaching B if your indi is over bought/sold telling you it may reverse get out. with the smaller tf candles. wait to c if its gonna go back to AB mid before C... at AB mid look for reversal signs to go back to B then BC mid then C........ repeat the process...infinite small moves within a larger one (both directions) on bigger tf like now we are approaching 4280 area.. lets say 1876 is your A and 4280 is your B..(this isn't the biggest move on your chart) . chicky posted a 420x #.. im paying attention to it also. its a mid between 4144 (414x) and 4282 (4277.9) about 4209 area. this trend is larger then a monthly.

the crap posted is basic.. ma and other s/r can be added.. there are so many things you need a team to keep track of t all. A+ B +C = a larger AB.
those who can, do. those who cant, talk about those who can
  • #410,127
  • Mar 19, 2011 9:49am Mar 19, 2011 9:49am
Quoting gatorinla;4482407[COLOR=Magenta
]break out should give 49 pips the the high at 4093.. = 4142...[/color] it agrees with the predictive from January's low at 4135.5.. close enough fo me.. 4144 is a candle close. i look to short in this area. tp on my long.. confluence with 3 things.
+ 49 more = 4191... just under chicky's 42xx # and cloggy's 419x #
those who can, do. those who cant, talk about those who can
  • #410,128
  • Mar 19, 2011 9:53am Mar 19, 2011 9:53am
Quoting hindustani
love this commentary
essentially what he's eluding to in that commentary is that this is a long term short squeeze in play, which ultimately has long term bearish connotations...
  • #410,129
  • Mar 19, 2011 9:57am Mar 19, 2011 9:57am
Quoting gatorinla
despite what is said about picking tops and bottoms.. most trades do just that. just usually on a smaller tf.. then the perceived trend. the trend is in both directions often. a ride to C may first point to A to get momentum. during this drawdown your trade is red. upon approaching B if your indi is over bought/sold telling you it may reverse get out. with the smaller tf candles. wait to c if its gonna go back to AB mid before C... at AB mid look for reversal signs to go back to B then BC mid then C........ repeat the process...infinite small moves...
feel free to keep going there Gator, I'm sure there are many who appreciate these insights into your method, myself included...
  • #410,130
  • Mar 19, 2011 10:02am Mar 19, 2011 10:02am
Quoting gatorinla;4483815[COLOR=Red
]sl above 42095.. 4193.8[/color] could be resistance. risky trade. so ill be when able.
these 2 are close to chicky's and clogg's also. lets c what happens from now till months close. ill throw out 4195.1 as a important one .. and as a good place for a battle rejection at 42026.. all contained in this tight little area.
those who can, do. those who cant, talk about those who can
  • #410,131
  • Mar 19, 2011 10:05am Mar 19, 2011 10:05am
Quoting Chicky
My friend. I speak more than 10 languages.

Please check what is going on in the world before taking any longer term position.

It has convincingly broken 1.4050 which is now a major support. It may penetrate this level back but difficult to break it to the down. If it occurs probably on Friday.

Counter trend positions are not very profitable unless backed by some event or near a trend exhaustion.
That was good to see the Euro moving 170 pips I only managed to get some of it. Do you think this will be on a up all the to Friday?
  • #410,132
  • Mar 19, 2011 10:25am Mar 19, 2011 10:25am
Quoting momento
Man I right too much. Sorry man, got carried away(It happens sometimes). Most of the time I just read last few pages of thread.

Cools?
Take care
not a problem man. take care
  • #410,133
  • Mar 19, 2011 10:27am Mar 19, 2011 10:27am
Quoting FibbinArchie
essentially what he's eluding to in that commentary is that this is a long term short squeeze in play, which ultimately has long term bearish connotations...
weekly had a breakout.. but its not a slam dunk..yet.. ill ride it both ways.
we are 100 pips from the last top.(resistance) 200 pips above 3980.
later..
got stopped out at be Friday.. last trade.
those who can, do. those who cant, talk about those who can
  • #410,134
  • Mar 19, 2011 10:28am Mar 19, 2011 10:28am
How are people so confident that E/U will be hitting 1.5?

I trade trends and everything long-term is telling me that this is the peak outside of a pesky upward TL on my weekly TF. H4 and below says up, weekly and above says down, but A/D is also looking awfully high so I'm leaning down.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 01.jpg Size: 130 KB
Click to Enlarge Name: 02.jpg Size: 128 KB
Click to Enlarge Name: 03.jpg Size: 118 KB
Click to Enlarge Name: 04.jpg Size: 126 KB
  • #410,135
  • Mar 19, 2011 10:28am Mar 19, 2011 10:28am
My good wishes to the guys who are in the Japnese Plant
  • #410,136
  • Mar 19, 2011 10:29am Mar 19, 2011 10:29am
Quoting Patience
To be honest, I don't think God and gambling mix so well, but let me throw one back at you.

Matthew 7:1 "Judge not, lest ye not be judged"

.
I am not a gambler. I am a trader. Anything else?
  • #410,137
  • Edited 10:53am Mar 19, 2011 10:38am | Edited 10:53am
Quoting gatorinla
weekly had a breakout.. but its not a slam dunk..yet.. ill ride it both ways.
we are 100 pips from the last top.(resistance) 200 pips above 3980.
later..
got stopped out at be Friday.. last trade.
sensible to scratch that short imo, given last weeks large opening gap, (that's retail broker feed gap)...

Also that daily bar on Friday, looks to me to be pretty exhaustive, would expect a pretty deep correction back to the daily trend line if we're going higher, but any entry made Friday after the breakout would have been trading against pretty strong momentum, you did well to get out on the retrace back to 50. I am now very dubious of taking anything counter trend on a Friday after London has closed.

Also we have a whole weeks worth of pa before the EU summit...
  • #410,138
  • Mar 19, 2011 10:39am Mar 19, 2011 10:39am
Quoting T@rantula
I am not a gambler. I am a trader. Anything else?
Yeah, sure, one last thing. I'm the Virgin Mary.
Nothing worth having is easy.
  • #410,139
  • Mar 19, 2011 10:41am Mar 19, 2011 10:41am
Quoting harigp
My good wishes to the guys who are in the Japnese Plant
absolutely
  • #410,140
  • Edited 10:53am Mar 19, 2011 10:43am | Edited 10:53am
Quoting Patience
Yeah, sure, one last thing. I'm the Virgin Mary.
Sure.
And I am the Saint Joseph.
233 traders viewing now